Copa Holdings Announces 25.4% Traffic Growth For December 2005
January 12 2006 - 9:47AM
PR Newswire (US)
PANAMA CITY, Jan. 12 /PRNewswire-FirstCall/ -- Copa Holdings, S.A.
(NYSE:CPA), and its Copa Airlines and AeroRepublica operating
subsidiaries, today released preliminary passenger traffic
statistics for December 2005: Copa Holdings (Consolidated) December
December Change 2005 2004* (%) ASM (mm) (1) 552.9 448.6 23.3% RPM
(mm) (2) 397.5 317.1 25.4% Load Factor (3) 71.9% 70.7% 1.2 p.p Copa
Airlines ASM (mm) (1) 404.6 333.7 21.2% RPM (mm) (2) 308.4 239.1
29.0% Load Factor (3) 76.2% 71.7% 4.5 p.p AeroRepublica ASM (mm)
(1) 148.3 114.9 29.1% RPM (mm) (2) 89.2 78.0 14.4% Load Factor (3)
60.1% 67.9% -7.8 p.p * Figures for 2004 are not comparable for Copa
Holdings, due to our purchase of AeroRepublica on April 22, 2005.
1. Available seat miles - represents the aircraft seating capacity
multiplied by the number of miles the seats are flown. 2. Revenue
passenger miles - represents the numbers of miles flown by revenue
passengers 3. Load factor - represents the percentage of aircraft
seating capacity that is actually utilized For the month of
December 2005, Copa Holdings' system-wide passenger traffic (RPM)
increased 25.4%, while capacity (ASM) increased 23.3%. System load
factor for December 2005 reached 71.9%, an increase of 1.2 p.p.
when compared to December 2004. Copa Airlines passenger traffic
(RPM) for December increased 29.0%, while capacity (ASM) increased
21.2%. This resulted in a 4.5% increase in load factor when
compared to December 2004. AeroRepublica passenger traffic (RPM)
for December 2005 increased 14.4%, while capacity (ASM) increased
29.1%. AeroRepublica�s load factor decreased 7.8 p.p when compared
to December 2004. Copa Holdings, through its Copa Airlines and
AeroRepublica operating subsidiaries, is a leading Latin American
provider of passenger and cargo service. Copa Airlines currently
offers approximately 80 daily scheduled flights to 30 destinations
in 20 countries in North, Central and South America and the
Caribbean. In addition, Copa Airlines provides passengers with
access to flights to more than 120 other international destinations
through codeshare agreements with Continental Airlines and other
airlines. AeroRepublica, the second-largest domestic carrier in
Colombia, provides service to 12 cities in Colombia as well as
international connectivity with Copa Airlines' Hub of the Americas
through daily flights from Medellin and Cartagena. This release
includes "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. Such
forward-looking statements are based on current plans, estimates
and expectations, and are not guarantees of future performance.
They are based on management's expectations that involve a number
of business risks and uncertainties, any of which could cause
actual results to differ materially from those expressed in or
implied by the forward-looking statements. The Company undertakes
no obligation to update or revise any forward-looking statement.
The risks and uncertainties relating to the forward-looking
statements in this presentation include those described under the
caption "Risk Factors" and "Special Note About Forward- Looking
Statements" in the Company's registration statement on Form F-1
filed with the U.S. Securities and Exchange Commission. DATASOURCE:
Copa Holdings, S.A. CONTACT: Joseph Putaturo, Director-Investor
Relations Copa Holdings, +011-507-303-3348 Web site:
http://www.copaair.com/
Copyright